Quarterly report pursuant to Section 13 or 15(d)

ORION OFFICE REIT, CONSOLIDATED BALANCE SHEETS

v3.22.2
ORION OFFICE REIT, CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Real estate investments, at cost:    
Land $ 250,724 $ 250,194
Buildings, fixtures and improvements 1,208,475 1,231,551
Total real estate investments, at cost 1,459,199 1,481,745
Less: accumulated depreciation and amortization 138,642 128,109
Total real estate investments, net 1,320,557 1,353,636
Accounts receivable, net 25,731 17,916
Intangible lease assets, net 247,722 298,107
Cash and cash equivalents 19,300 29,318
Real estate assets held for sale, net 9,402 0
Other assets, net 91,208 60,501
Total assets 1,713,920 1,759,478
LIABILITIES AND EQUITY    
Bridge facility, net 0 354,357
Mortgages payable, net 351,820 0
Accounts payable and accrued expenses 16,855 17,379
Below-market lease liabilities, net 17,381 20,609
Distributions payable 5,663 0
Other liabilities, net 20,341 16,355
Total liabilities 656,193 671,190
Common stock, $0.001 par value, 100,000,000 shares authorized 56,635,038 and 56,625,650 shares issued and outstanding as of each of June 30, 2022 and December 31, 2021, respectively 57 57
Additional paid-in capital 1,145,987 1,145,278
Accumulated other comprehensive income 5,851 299
Accumulated deficit (95,562) (58,715)
Total stockholders’ equity 1,056,333 1,086,919
Non-controlling interest 1,394 1,369
Total equity 1,057,727 1,088,288
Total liabilities and equity 1,713,920 1,759,478
Credit facility term loan    
LIABILITIES AND EQUITY    
Credit facilities 173,133 172,490
Credit facility revolver    
LIABILITIES AND EQUITY    
Credit facilities $ 71,000 $ 90,000